Answer:
the expected annual profit for the number of beauticians is $70,000
Explanation:
The computation of the expected annual profit for the number of beauticians is shown below:
= 50 × 0.50 + 75 × 0.20 + 100 × 30
= 25 + 15 + 30
= 70
= $70,000
hence the expected annual profit for the number of beauticians is $70,000. The same is to be considered
All other information that are mentioned should be ignored
Answer:
The benchmarking function of budgeting system involves the evaluation of performance of managers.
The correct answer is C
Explanation:
The integration of inputs from different business inputs and function is done at the planning stage of budgeting. It does not involve benchmarking.
Budgeting requires requires close cooperation between accountants and operational personnel. This is referred to as active participation in budgeting. It helps to overcome behavioural challenges of budgeting.
Budget figures are used to evaluate the performance of managers. This is a benchmarking function of budgeting because it involves the comparison of performance of managers with established criteria so as to determine their level of success.
The budget outlines a specific course of action for the coming year. This indicates that a budget is a financial plan that outlines future courses of action. This does not require benchmarking.
Answer:
The answer is C. Boning knife
Answer:
a) $14,600.
Explanation:
The computation of the company total assets are shown below:
= Cash balance + supplies balance + equipment balance
where,
Cash balance = investment amount + borrowed amount - paid amount for equipment
= $6,200 + $3,200 - $2,120
= $7,280
And, the other item values would remain the same
Now put these values to the above formula
So, the value would equal to
= $7,280 + $1,120 + $6,200
= $14,600
Answer:
(receive higher wages that reflect an increase in their value of marginal product.)
